499 Long Shoals Rd, Arden, NC 28704
This exceptional 9.4-acre commercial tract presents a remarkable investment opportunity in Arden, North Carolina. Strategically located at the intersection of Long Shoals Road and Clayton Road, this property boasts unparalleled visibility due to its placement at a traffic signal. The zoning designation, encompassing both Employment (EMP) and Residential (R-2) classifications, allows for a wide range of development possibilities. Imagine a thriving multi-family residential community, a state-of-the-art senior care facility, a modern industrial complex, or a vibrant retail shopping center. The property's proximity to Interstate 26 ensures convenient access for residents and customers alike. Furthermore, its location directly across from Sunshine Chevrolet guarantees high traffic counts and excellent brand visibility. The surrounding area offers additional advantages, including the scenic French Broad River and the bustling Biltmore Park Town Square in South Asheville, providing a desirable location for both businesses and residents. This prime commercial land offers significant potential for substantial returns, making it an ideal investment for discerning developers and investors seeking a high-impact project in a rapidly growing area. The property is situated in Buncombe County, offering access to a robust infrastructure and supportive business environment. This is a rare opportunity to acquire a large, well-located parcel with exceptional development potential. The asking price is $3,243,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.